Cash Price Of Primary Indian Aluminum Down

The cash price of Indian primary aluminum saw the biggest shift of the day, dropping 0.6 percent on June 15, 2012. After falling for two days, the 3-month price of aluminum rose 0.2 percent on the LME to $1,964 per metric ton. After a couple of days of decreasing prices on the LME, the cash price of primary aluminum held steady at $1,924.

Chinese aluminum closed mixed last Friday. The cash price of Chinese aluminum is back up, rising by 0.1 percent, while the price of Chinese aluminum scrap was unchanged at above $2,600 per metric ton. Chinese aluminum billet stayed flat above $2,500 per metric ton, and the price of Chinese aluminum bar continues hovering above $2,200 per metric ton for the fifth day in a row.

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